Compliance Specialist Durban

An exceptional opportunity awaitsA dynamic individual with the right qualifications and experience is sought to be part of the compliance department.Duties & ResponsibilitiesGuide and advise Branches on AML/CFT and FAIS requirementsConduct compliance training as per the compliance training plan, when requiredConduct compliance monitoring and testing, including providing recommendations and action plansAssist in filing of Cash threshold reports to the FIC on the goAML platformAssist in managing all projects relating to the reporting to the FICConduct investigations and file STRs/SARS to FIC on the goAML platformReview and recommend for approval the opening of all high-risk accounts and reporting thereofReview and approve Re-KYC of high-risk accounts and the EDD review memosReviewing and closing of transaction monitorsPrepare and submit monthly and quarterly reports to management on STR/SARS filed, high-risk accounts, frozen accounts, and the compliance monitorsRegularly review the Compliance Monitor's functioning, quality of commentary, and timeliness of clearingUpdating and managing SWIFT KYC RegistryBenefits24 days of annual leave per annumProvident FundMedical Aid13th ChequeDesired Experience & Qualification5-7 years of experience in a FAIS and AML/CFT role in a banking institutionLegal/finance qualification or similar and other compliance-related courses/qualificationsIn-depth knowledge of the FIC Act including all subordinate legislation and FAIS Act including all subordinate legislation is essential.Package & RemunerationMarket related
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